Post Blockade Inflation Fears
With the Strait of Hormuz fully reopened to maritime traffic, the focus has shifted from supply security to the massive capital influx required for global infrastructure projects. Analysts suggest that the resulting liquidity could fuel a new wave of structural inflation, making gold an attractive long-term hedge.
Technical Breakout Potential
Gold is on track to end the week higher for the fourth consecutive week. Technical traders are now eyeing the $5,000 mark as the next major resistance zone for the second quarter.